The Bulgarian Development Bank has officially joined the Investment Fund of the Three Seas Initiative and is already a Class A shareholder with a contribution of EUR 20 million. The fund is expected to raise 5 billion euros and will increase funding for investments and co-operation between countries in the Black, Adriatic and Baltic Seas.
The countries of the initiative represent 22% of the population in the EU, create 10% of the EU GDP and have economic growth above the community average. But trade between them is still limited and needs improved infrastructure in transport, energy and information technology, BGNES has reported. Bulgaria has already accepted the presidency of the initiative in 2021.
On Tuesday morning, there will be fog or low layered clouds along the Danube and in the valleys. Before noon it will be mostly sunny. In the afternoon, the cloudiness will increase and by the evening it will become significant. The..
The past year 2024 was the warmest year for Bulgaria since 1930. This is shown by the analyses of the National Institute of Meteorology and Hydrology. 2024 had an average temperature for the country of about 2.1 °C above climate norms and..
Cadets from Vietnam are training at the Georgi Benkovski Air Force Academy in Dolna Mitropolia. This year they will study Bulgarian, after which their flight training will begin. This was what the head of the school, Brigadier General..
The problems with electricity supply during the Christmas and New Year holidays are the result of neglect of the electricity grid and the lack of control..
Armenians celebrate Christmas Eve on January 5 . On this occasion, a pre-holiday service will be held in the Armenian Church in Sofia. Pomegranates..
The first radio telescope in Bulgaria and Southeast Europe, known as LOFAR-BG , is scheduled to be completed in 2025. It will be part of the Dutch..
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